Indonesian Political, Business & Finance News

Antam gold prices plummet on Eid al-Adha holiday

| | Source: REPUBLIKA Translated from Indonesian | Finance
Antam gold prices plummet on Eid al-Adha holiday
Image: REPUBLIKA

Antam gold prices monitored on Logam Mulia’s website in Jakarta fell by Rp13,000 per gram on Wednesday, 27 May 2026, during Eid al-Adha 1447 Hijriyah at 09:17 WIB, dropping from Rp2,798,000 to Rp2,785,000. Buyback rates also declined to Rp2,594,000 per gram. Antam gold prices are subject to change at any time. Sales transactions are subject to tax deductions under PMK No. 34/PMK.10/2017 for all gold types ranging from 1 gram to 1,000 grams (1 kilogram). Buybacks of gold bars to PT Antam Tbk exceeding Rp10 million are subject to Income Tax (PPh) Article 22 at 1.5% for taxpayers with a Tax Identification Number (NPWP) and 3% for those without. PPh 22 on buyback transactions is deducted directly from the total buyback value. The latest gold bar prices recorded on Logam Mulia’s Antam website are as follows:

  • 0.5 gram: Rp1,442,500

  • 1 gram: Rp2,785,000

  • 2 gram: Rp5,510,000

  • 3 gram: Rp8,240,000

  • 5 gram: Rp13,700,000

  • 10 gram: Rp27,345,000

  • 25 gram: Rp68,237,000

  • 50 gram: Rp136,395,000

  • 100 gram: Rp272,712,000

  • 250 gram: Rp681,515,000

  • 500 gram: Rp1,362,820,000

  • 1,000 gram: Rp2,725,600,000

Tax deductions for gold purchases are in accordance with PMK No. 34/PMK.10/2017. Buying gold bars incurs a 0.45% PPh 22 for NPWP holders and 0.9% for non-NPWP holders. Each gold bar purchase comes with a PPh 22 deduction certificate.

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